Industry

Rogoff criticizes debt strategies

Despite the headwinds of poor jobs growth and a troubled housing market, the U.S. will avoid a double dip recession, according to Kenneth Rogoff, the Thomas D. Cabot Professor of Public Policy, Harvard University. Speaking at the CFA Institute’s 63rd annual conference in Boston, Rogoff assured the audience that his observations of past financial crises […]

By Steven Lamb |May 19, 2010

3 min read

Avoiding conflicts of interest

In today’s economy, it’s hard to imagine how a firm or registrant can be profitable without offering a more holistic model of financial service to clients. Insurance, financial planning, and tax preparation are all part of the “big picture” that advisors must offer. Clients want the convenience of one stop shopping. They also want knowledge […]

By Stephanie A. McManus |May 19, 2010

4 min read

Briefly: ‘Sun Life opposes global regs’ and more news

Opposition to the proposed global financial regulations is growing. At a meeting of shareholders in Toronto, Donald Stewart, president and CEO of Sun Life Financial Inc., has come out against the move. Stewart believes that if Canada backs the changes, its strength in overcoming the financial crisis will be diminished. He said the current rules […]

By Staff |May 19, 2010

3 min read

Securitization isn’t dead

Securitization of debt isn’t dead; it’s simply hibernating, this according to a panel of experts at the CFA Institute’s 63rd annual conference. Despite being identified as one of the bogeymen that wiped out trillions in global assets, the practice of repackaging and selling off debt will return. The global investment community wants U.S. denominated, AAA-rated […]

By Steven Lamb |May 18, 2010

4 min read